In today’s briefing:
- Sula Vineyards IPO Trading – Not a Whole Lot to Cheer About
- Bionote IPO Trading – Weakest Demand Even After Cutting Price and Size
- Protean EGov Technologies Pre-IPO – A Key Service Provider but Earnings Have Lagged
Sula Vineyards IPO Trading – Not a Whole Lot to Cheer About
- Sula Vineyards raised around US$117m in its India IPO, although demand wasn’t all that great.
- Sula Vineyards (SV) distributes wines under a bouquet of brands. In addition to its flagship brand “Sula,” popular brands include “RASA,” “Dindori”, “The source,” “Satori”, “Madera” & “Dia”.
- We have looked at various aspects of the deal in our previous notes. In this note, we will talk about demand and trading dynamics.
Bionote IPO Trading – Weakest Demand Even After Cutting Price and Size
- Bionote (377740 KS) raised US$72.2m in its Korean IPO. The IPO had consisted of both a primary and secondary selldown.
- Bionote is an integrated producer of diagnostics test products and biocontent products.
- In this note, we will talk about the demand for the deal and other trading dynamics.
Protean EGov Technologies Pre-IPO – A Key Service Provider but Earnings Have Lagged
- Protean eGov Technologies (PET) is looking to raise up to US$600m in its upcoming India IPO.
- Protean eGov Technologies (PET) is a key IT-enabled solutions company in India engaged in conceptualizing, developing and executing nationally critical greenfield technology solutions.
- In this note, we look at the company’s past performance.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
